PPP Loan information for True concepts inc.

$28,400

True concepts inc. was initially approved for PPP Loan of amount $28,400, the current approved amount is $28,400. The loan was approved on 05/01/2020 by The Cross River Bank reported 2 jobs and $28,400 was used to fund payroll.

True concepts inc. is Existing or more than 2 years old

PPP Loan Search / MN / EXCELSIOR / True concepts inc.

TRUE CONCEPTS INC.

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TRUE CONCEPTS INC.

Borrower Address

6000 CHARLESTON CIR

Borrower City

EXCELSIOR

Borrower State

MN

Borrower Zip

55331-2900

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28400.00

Current Approval Amount

28400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EXCELSIOR

Project County Name

CARVER

Project State

MN

Project Zip

55331-2900

CD

MN-03

Jobs Reported

2

NAICS Code

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

28400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28705.79

Forgiveness Date

06/03/2021

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